Linden, Wisconsin Property Taxes
The median property tax rate in Linden, WI is 1.53%, considerably higher than the national median of 0.99% but slightly below the Wisconsin state median of 1.58%. With the median home value in Linden at $202,800, the typical annual property tax bill reaches $3,106, exceeding the national median of $2,690. Property taxes in Linden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Linden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Linden or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Linden, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$3,103
$2,879
Ownwell’s Linden Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Linden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linden to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Linden, Wisconsin
Property taxes in Linden, Wisconsin, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linden is 1.53%, significantly higher than both the Wisconsin state median and the U.S. national median of 0.99%. Local government entities within Linden set these rates annually, and they can vary across different neighborhoods. Each year, Linden estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Linden's effective property tax rate to other areas in Wisconsin and the national median. For comparison, the ZIP code 53553 has the highest median property tax rate of 1.53%, while the same ZIP code also has the lowest median tax rate of 1.53%. Understanding how these areas compare with Linden provides valuable insights into the varying tax landscape across Sheboygan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Linden Tax Rate
1.53%
Average Sheboygan County Tax Rate
1.82%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linden, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53553 | 1.53% | 1.53% | 1.53% | 1.53% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Linden, Wisconsin
In Linden, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Sheboygan County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Linden, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Linden stands at $202,800, with the median tax bill around $3,106. The zip code 53553 has both the highest and lowest median tax bills at $3,106. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Linden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Linden Assessed Value
$202,800
Average Sheboygan County Assessed Value
$188,600
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linden, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53553 | $202,800 | $202,800 | $202,800 | $202,800 | $202,800 |
Source: Ownwell
Property Tax Bills Across Linden, Wisconsin
Property tax bills in Linden, Sheboygan County, WI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the home. For instance, with a median home price of $202,800, the tax bill can be significant. The local tax rate is applied to the assessed value to determine the annual property tax bill. In Linden, the median property tax bill is $3,106, which is notably higher than the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Homeowners in Linden may find their tax bills to be a considerable portion of their annual expenses, impacting their financial planning. Understanding these factors can help homeowners anticipate and manage their property tax obligations more effectively.
Average Linden Tax Bill
$3,106
Average Sheboygan County Tax Bill
$3,209
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Linden, Wisconsin
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
53553 | $3,106 | $3,106 | $3,106 | $3,106 | $3,106 |
Source: Ownwell